What is Zacks Research’s Forecast for AT&T FY2025 Earnings?

AT&T Inc. (NYSE:T) – Analysts at Zacks Research reduced their FY2025 earnings per share estimates for shares of AT&T in a research report issued to clients and investors on Wednesday, May 14th. Zacks Research analyst R. Department now expects that the technology company will earn $2.02 per share for the year, down from their prior estimate of $2.07. The consensus estimate for AT&T’s current full-year earnings is $2.14 per share.

Several other research analysts also recently weighed in on T. Scotiabank reiterated an “outperform” rating on shares of AT&T in a research note on Thursday, April 24th. Royal Bank of Canada raised their price objective on AT&T from $28.00 to $30.00 and gave the company an “outperform” rating in a report on Thursday, April 24th. Sanford C. Bernstein raised their price objective on AT&T from $28.00 to $29.00 and gave the company an “outperform” rating in a report on Tuesday, January 28th. BNP Paribas raised AT&T from a “neutral” rating to an “outperform” rating and set a $28.50 price target on the stock in a research note on Thursday, February 13th. Finally, Wells Fargo & Company lifted their price target on AT&T from $27.00 to $30.00 and gave the stock an “overweight” rating in a research note on Thursday, April 24th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $28.71.

AT&T Trading Down 0.9%

Shares of AT&T stock opened at $27.77 on Monday. AT&T has a 1 year low of $17.11 and a 1 year high of $29.03. The firm has a market cap of $199.82 billion, a PE ratio of 18.64, a P/E/G ratio of 3.00 and a beta of 0.42. The stock has a fifty day moving average price of $27.26 and a 200-day moving average price of $25.00. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.66 and a quick ratio of 0.62.

AT&T (NYSE:T) last released its quarterly earnings results on Wednesday, April 23rd. The technology company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.01). The company had revenue of $30.63 billion during the quarter, compared to analysts’ expectations of $30.39 billion. AT&T had a net margin of 8.95% and a return on equity of 13.97%. The company’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.55 earnings per share.

AT&T Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 1st. Shareholders of record on Thursday, April 10th were given a $0.2775 dividend. This represents a $1.11 annualized dividend and a yield of 4.00%. The ex-dividend date of this dividend was Thursday, April 10th. AT&T’s dividend payout ratio (DPR) is presently 68.10%.

Hedge Funds Weigh In On AT&T

Institutional investors and hedge funds have recently bought and sold shares of the business. Minot DeBlois Advisors LLC acquired a new position in shares of AT&T in the fourth quarter valued at $25,000. Capital A Wealth Management LLC bought a new stake in shares of AT&T during the fourth quarter worth $25,000. Stone House Investment Management LLC bought a new stake in shares of AT&T during the first quarter worth $25,000. Putney Financial Group LLC bought a new position in AT&T in the fourth quarter valued at about $27,000. Finally, Marshall Investment Management LLC bought a new position in AT&T in the fourth quarter valued at about $28,000. Hedge funds and other institutional investors own 57.10% of the company’s stock.

AT&T Company Profile

AT&T, Inc is a holding company, which engages in the provision of telecommunications and technology services. It operates through the Communications and Latin America segments. The Communications segment offers wireless, wireline telecom, and broadband services to businesses and consumers located in the US and businesses globally.